Slide 1: Where Housing Meets Mass Production – Investor Presentation
Where HOUSING meets mass production . Investor Presentation Transforming the housing market with modular building systems designed to deliver affordable, high - quality homes at unprecedented speed
Slide 2: Important Disclosures
Important Disclosures This presentation (this “Presentation”) is being furnished for the exclusive use of, and solely for the purpose of assisting, th e parties (such parties, together with their subsidiaries and affiliates, the “Recipients”) to whom it is addressed in making th eir independent eval
Slide 3: Important Disclosures: No Offer or Solicitation
Important Disclosures No Offer or Solicitation This Presentation does not constitute (i) a solicitation of a proxy, consent or authorization with respect to any securities or in respect of the Business Combination or (ii) an offer to sell, a solicitation of an offer to buy or a recommendation to pur
Slide 4: Summary Transaction Overview
Summary Transaction Overview • BOXABL, a leader in innovative housing solutions, to merge with FG Merger II Corp. • FG Merger II Corp. is currently trading on Nasdaq under the ticker "FGMC“ • FGMC will change its name to BOXABL and ticker to BXBL upon successful closing Overview Transaction Highligh
Slide 5: Detailed Transaction Overview
Detailed Transaction Overview 5 Pro Forma Valuation 1,2,3,4,5 ($mm, except per share data) Pro Forma Shares Outstanding 366.6 Existing BOXABL Shareholders (95.5%) 350,000,000 95.5% (x) Illustrative Share Price $10.00 FGMC Public Shareholders (2.4%) 8,800,000 2.4% Pro Forma Equity Value $3,665.8 FGMC
Slide 6: BOXABL Highlights
BOXABL Highlights Investor Base & Fundraising Track Record: Substantial investor interest to date – $230M+ 1 raised across 50,000+ investors – 2 Reg A+ offerings BOXABL’s Scalable Solution & Technology: BOXABL'S flagship product, the Casita, is a 361 square foot studio unit. The Casita unfolds on -
Slide 7: BOXABL's Unique Investor Base & Fundraising Track Record
BOXABL’s Unique Investor Base & Fundraising Track Record Fundraising Pedigree $230M+ 1 in equity capital raised since inception Strategic investors include D.R. Horton Crowdfunding Track Record 2 Reg A+ offerings Thousands of repeat investors BOXABL is a prolific crowdfunding issuer, having raised $
Slide 8: National Problem
National Problem Home Prices Median U.S. home prices reached $446,766 in June, 2025 1 1. Financial Times: Housing is Where the Buck Stops - https://www.ft.com/content/067cd458 - 0029 - 4f32 - b6d9 - f82716625654 2. NAHB: Supply - Chain Issues Lengthened Single - Family Build Times - https://www.nahb
Slide 9: BOXABL's Technology
BOXABL’s Technology Shipping Technology BOXABL houses are manufactured in the Las Vegas facility, fold up on site, and ship at a cheaper price to the consumer Cheaper shipping allows BOXABL to cover a large radius from its Las Vegas facility – enabling mass production and low costs BOXABL Ships 8.5f
Slide 10: The Casita
The Casita • BOXABL’s flagship product • Manufactured at BOXABL’s Las Vegas factories (400k sqft ) • 361 sqft studio unit • Full kitchen, bathroom and utilities • Unfolds on site in less than an hour • 700+ Casitas built to date 1 BOXABL’s Scalable Solution Efficiencies • BOXABL builds all houses on
Slide 11: 700+ Casitas Built to Date
700+ Casitas Built to Date 1 11 1. Total number of Casitas produced does not represent the total number of Casitas sold
Slide 12: Meet the Baby Box & BOXABL's Stackable Solutions
Meet the Baby Box & BOXABL’s Stackable Solutions Baby Box – BOXABL’s Next Product to Market • 120 sqft unit • Built to meet RV code • Intended for simpler, no - foundation setups • Ready to be mass produced at facility • Priced from $20,000 Stackable Solutions (In Market) Larger Builds (Multiple Bed
Slide 13: State Approval Roadmap Considerations
State Approval Roadmap Considerations Regulatory Approval • Since production began in 2021, BOXABL has been working to receive approval to sell Casitas in all states that have a FBH program • BOXABL can now sell in 15 states with a total population of >100 million Third Party Developers • Historical
Slide 14: BOXABL's Vertical Integration
BOXABL’s Vertical Integration • BOXABL to begin development with in - house contractors (or subcontractors) • In - house development to increase revenue per Casita from $60k to $100k+ Development • BOXABL is developing smart home solutions for all products • Increased in - house customization to aid
Slide 15: BOXABL's Vision
BOXABL’s Vision • Manufactures the Casita in its 3 factory buildings totaling over 400,000+ sqft in Las Vegas • Has built over 700 Casitas 1 • Can manufacture one Casita in 4 hours • Primarily sells Casitas as ADUs (ramping up larger orders - B2B) • Markets the Casita for approximately $60,000 per h
Slide 16: BOXABL's Estimated Use of Proceeds
$30M $10M $5M $5M $5M BOXABL’s Estimated Use of Proceeds 1 Operating Expenses • Sufficient cash to cover 12 months of operations/overhead 2 Capital Expenditures • Unlock steel frame manufacturing capabilities, increasing margin and reducing build time Sales & Marketing • Product marketing for ADUs a
Slide 17: Meet the BOXABL Team
Meet the BOXABL Team Paolo Tiramani, Founder & Co - CEO • Co - chief executive officer and majority shareholder of BOXABL • Industrial and mechanical engineer with 150+ patent filings • Oversees strategy, product vision, and financial investments, including personal real estate acquisitions linked t
Slide 18: Meet the FGMC Team
Meet the FGMC Team Larry Swets, CFA Chief Executive Officer • 30 years+ of financial services experience including investment management, insurance and merchant banking • CEO of FG Financial Group • Over a decade of SPAC experience • Numerous successful M&A transactions, SPACs, PIPEs, and investment
Slide 19: Where Housing Meets Mass Production
Where HOUSING meets mass production . Investor Presentation Transforming the housing market with modular building systems designed to deliver affordable, high - quality homes at unprecedented speed 19